Where the Farm Income Boom Happened (and Didn’t)

ag trends. agricultural economic insights

by David A. Widmar

We have frequently written about the expansion and subsequent contraction of the U.S. farm income. While most of our previous work has focused on sector-level trends across the U.S. farm economy, we have anecdotally noted these trends likely vary at the local, state, and regional levels. Thinking about these variations, we previously looked at how changes in farmland values have varied across the country. To provide more insight on the variations in the farm economy, this week’s post considers state-level changes in net farm income during the boom and contraction. Continue reading

Trends in World Corn Production

by Brent Gloy

Following last week’s analysis of the trends in global corn consumption, this week we look at global corn production.  We examine which countries are the most important corn producers and how production area and yields have changed.  Much like corn consumption, a small number of countries dominate corn production.  This makes what happens in these countries particularly important to corn supplies in the short and long term. Continue reading

Trends in Corn Consumption

by Brent Gloy

Increases in agricultural productivity and aggressive expansion of cropland acres have made increased demand growth critical to improving the economic situation in agriculture.  With that in mind we thought it would be interesting to look at some of the trends in global corn consumption. Continue reading